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CodeStreet Introduces ReplayService for Reuters' RMDS Open Message Model.

Reuters proceeds with global ReplayService sales effort in support of RMDS 6.0

NEW YORK, June 19 /PRNewswire/ -- CodeStreet, a leader in financial infrastructure software, is rolling out ReplayService for RMDS 6.0, the first application development tool to support the Open Message Model (OMM) within Reuters' newest data platform. The OMM provides developers extensive flexibility and capabilities to efficiently represent all RMDS data.

The offering augments CodeStreet's ReplayService product suite, which is designed to simplify developing and testing applications that use market data.

ReplayService for RMDS 6.0 allows developers to simulate an RMDS platform and apply repeatable tests to verify application functionality and performance under various market conditions without the need for market data infrastructure or live feeds. The new product is particularly useful to customers working with Reuters' direct feed. It lets users simulate a Reuters Data Feed Direct (RDFD) and to vary the update rate.

"This is a very important offering for Reuters' customers," said Michael Parlapiano, Reuters Global Head of Information Management Solutions. "CodeStreet's ReplayService improves development efficiency around RMDS. ReplayService support for the OMM in RMDS 6.0 will provide customers with an easier way to work with OMM data"

"ReplayService and OMM can dramatically improve efficiency across a development organization," says CodeStreet CEO, Howard Pein. "The unique capability to record OMM data and subsequently make it available for playback, or within Excel or database formats, or via Reuters' Java and C++ APIs, make ReplayService the logical starting point for developing any application taking OMM data off the Reuters platform."

CodeStreet (http://www.codestreet.com/) is a financial software and services company with a suite of products for achieving a critical

edge in securities trading. CodeStreet's Teamwork fixed income and ReplayService infrastructure solutions refine the trading activities that make money for our securities industry customers. Teamwork streamlines the workflow on the fixed- income sales and trading desk. Our goal is to deliver a "proactive desktop" that helps grow revenues by using electronic algorithms to extend the traditional thinking of traders and salespeople. ReplayService provides sophisticated market data and messaging development capabilities for any user working with Reuters market data (RMDS) or TIBCO messaging. CodeStreet custom development services provide technical and information architecture consultants to assist customers with custom front-office, risk and back-office functions.

Contact:

Charles Osborne (O) 646-442-2826

CONTACT: Charles Osborne, +1-646-442-2826

Web site: http://www.codestreet.com/
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Date:Jun 19, 2006
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